DEVELOPMENT OF THE SUPPORTING INDUSTRY WITH ENHANCING EFFICIENCY AND EFFICIENCY OF THE ECONOMY

Abstract

The paper examines the role of supporting industry (SI) in productivity growth in the Vietnamese economy. Based on qualitative methods such as descriptive statistics, comparative analysis, the paper will go into the analysis of the contributions of developing SI in the country to increasing productivity and efficiency of industries and also the economy of Vietnam through enhancing the competitiveness of key industrial products, attracting and effectively orienting FDI inflows, innovating technology, renovating the organization, promoting the linkage, etc. From that, the conclusions of the paper show that the SI plays an important role in the productivity of the economy.

Keywords: supporting industry, productivity, effective.